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Question I
A. Nadine has a checking account with Fair & Square Bank. One day, she lost her checkbook and the finder was able to forge her signature and encash the forged check. Will Nadine be able to recover the amount debited from her checking account from Fair & Square Bank? Justify your answer. (3%)
B. Is a manager's check as good as cash? Why or why not? (2%)
C. When can you treat a bill of exchange as a promissory note? (3%)
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